Define the terms "ethics," "business ethics," and "social responsibility."
What will be an ideal response?
Ethics is the study of what makes up good and bad conduct, inclusive of relative actions and values. Business Ethics is the study of what makes up good and bad conduct as related to business activities and values. Social responsibility is the concern of business entities about profit-seeking and non-profit-seeking activities and their unintended impact on others directly or indirectly involved.
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The higher the interest rates on its loans, the wider the bank's interest rate spread, or margin (assuming it is positive)
a. true b. false
What will happen to real estate when its deceased owner did not write a will and has no heirs?
A) The ownership will pass by devise. B) The ownership will escheat. C) The courts will seize the ownership. D) The ownership will revert to the previous owner.